Risk That New Products and Technologies Fail to Gain Market Support
First written in FY2016. 3 of 4 entries say "Restated". Latest entry: FY2023.
The whole theme swung hardest in 2024: 3 of 7 companies on the "Worse" side.
15 other companies' latest entry also says "Restated".
- FY2023RestatedAnnual report
「Although the likelihood of this risk materializing is difficult to predict, we are pursuing product development aimed at improving customer satisfaction when using our products by continuously working to enhance their basic performance, so that customers will use Zojirushi products again next time.」
The risk that new products and technologies may fail to gain market acceptance was reiterated, along with a policy of addressing it through basic performance, ease of use, safety and the elimination of user dissatisfaction. - FY2018RestatedAnnual report
「Our group aims to develop high-value-added products that meet market needs and products with competitive pricing. However, we may not always be able to accurately predict which new products or technologies will gain market acceptance, and if sales of these products are unsuccessful, they may reduce future growth and profitability and affect our group's operating performance and financial position.」
The policy of developing high-value-added, competitively priced products and the risk that new products and technologies may fail to gain market acceptance were reiterated. - FY2017RestatedAnnual report
「Our group aims to develop high-value-added products that meet market needs and products with competitive pricing. However, we may not always be able to accurately predict which new products or technologies will gain market acceptance, and if sales of these products are unsuccessful, they may reduce future growth and profitability and affect our group's operating performance and financial position.」
The policy of developing high-value-added, competitively priced products and the risk that new products and technologies may fail to gain market acceptance were reiterated. - FY2016First statedAnnual report
「Our group aims to develop high-value-added products that meet market needs and products with competitive pricing. However, we may not always be able to accurately predict which new products or technologies will gain market acceptance, and if sales of these products are unsuccessful, they may reduce future growth and profitability and affect our group's operating performance and financial position.」
The inability to accurately predict market acceptance and sales success for new products and technologies is explicitly identified for the first time as a risk to growth and profitability.